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Show SOUTHERN UTAH NEWS WEDNESDAY MAY 31, 2000 Community 13 Good credit tips youre ready to buy a new or even your first home. car, Youve saved up the money for a down payment and have even figured a monthly payment into your budget. But when you go to apply for a loan, the lender turns you down. You ask, What went wrong? The answer: Its your credit! In order to be approved for a loan, you must have a good credit history. A credit history is a record ofhow you have paid your So est rate thats often a scam! 4. Try to pay off credit cards every month: Dont use your credit card if you know you cant afford to pay the balance. Instead, pay cash or write checks for purchases. 5. Avoid charging the maximum amount available on your credit card: Even if you pay the affiliate of Washington Mutual. A good credit history shows the lender that you can be relied upon to pay back the loan. How do you find out if you have a good credit history? You can obtain a copy of your credit report from one of the following g national agencies: Equifax or Experian Trans Union Corporation ( Its important to recredit a quest report from the major credit agencies each year to examine what is on your report, Kormos said. These agencies are required by law to provide one copy per year free of charge to the individual belonging to the report. What do you do if you find out you have bad credit? Don worry. You can contact your local Consumer Credit Counseling Service for free and confidential credit counseling And in Hie meantime, here are some steps for improving your credit and establishing a better rating: 1. Pay your bills first: Put aside money to pay your bills before spending money on luxuries like going out to dinner or seeing a credit-reportin- movie. not approve you for a loan. M ( f you absolutely need it: Many of us apply for credit cards because of a free gift, a discount on a purchase, or just for fun. Each time you apply for credit, it appears on your record. If you apply for credit too often, creditors may be concerned that you are using too much credit. 3. Choose your credit cards wisely: Opt for a credit card that provides a low interest rate and no (or a very low) annual fee. You can shop around on the Internet for credit cards that offer low fees. Avoid credit cards that allow you to pay an upfront fee in ordenbo get a lower interi " f You will end up paying a lot more money in interest charges if you only pay the minimum amount due. For example, lets say you use a credit card with an 18 percent interest rate to buy a television for $ 1000 and you only make the minimum payment of 2 percent each month. When you have finally paid off the televi- sion years later, you will have paid $1,800 for a TV worth only a thousand bucks. 7. Keep track ofbills and past- due notices: Just because you no longer receive payment no- tices does not mean a debt has just vanished into thin air! If you neglect to pay a bill, chances are youll be sent to a collection agency. The debt will reap- pear on your credit report and may prevent you from getting a loan. 7-- 12 New Lions come in with a roar The Kanab Lions Club inducted eight new members last Tuesday in a dinner at the Senior Center. New Lions sworn Van Mackelprang, Dennis Brunner, Dixie Brunner, Randy in by District Governor Rex Christensen far left, indude Yoho, Dan Huiet, Wayne Canedy, Terri I Honey and Stuart Allan. Photo by Barbara Pyles. (l-r- ): RAILING ROUND, DECKING, PANELING, SIDING & MORE! follow a budget: A budget can help you manage 8. Create-an- d your expenses, control your spending and set aside money to pay your debt. So when youre ready to apply for a loan and the lender asks you how much income you have and what your expenses are, you can refer to your budget for that information.Follow these simple steps and youre on your way to establishing good credit. Chances are the next time you decide to apply for a loan, youll be approved with flying colors! Buy Direct from Utah Dr. Stuart E Allan 76 E. 100 So. Kanab Tues. r - toll FREE 1st Annual (435) 528-500- 3 Tri-Vall- ey Basketball Camp Snow College Coacn Featuring DeAnna Glover Lady Badger Basketball 7 Fri. 9:00 Save!! Satterwhite Log Homes fax KANE COUNTY EYE CAKE 644-571- Mill & Example: 12 long x 3 tall railing section (posts 6 o.c.) $107.27! 2000 SWAC Champions June 5th - 8th, 2000 5:00 I I j All young ladies from Kanab, Fredonia and the j Valley are invited to attend the basketball camp at Eye Teasers Try to figure this out!! Kanab High School. S ami. to 10:30 a.m. - $40 per person Grades 11 a.m. to 2 p.m. - $45 per person Grades 3-- Last week: More to it than meets the eye Look for the answer in the next SUN 6, 7-1- 2, fee for all grades will be due on Wednesday, May 31, 2000. A family with two or three players, minus $10 per person. $20 Thunderbird Golf Course Mt. Carmel Jet., Utah Pre-registrati- on Make checks payable and mail to: Snow College Basketball Remaining camp fee to be paid on June 5, 2000 at KHS. Any questions, contact Lex Chamberlain Camp Format: Defensive Fundamentals, Offensive Fundamentals, Team Play 1 on 1, 3 on 3, 5 on 5, Games and Prizes, Correct Shooting Principles 644-298- 7. June 16, 2000 July 15, 2000 August 12, 2000 September 9, 2000 6 p.m. Too OSS is suggested $25 per person includes light dinner. For Info & registration call Thunderbird Golf Shop S3 Pre-registrat- ion 435-648-- 21 Night Glow Balls and Glow Sticks available in golf shop! ! -- Name of Player Phone I I K 9 PO Box 151 Kanab, UT 84741 . 2. Dont apply for credit unless ; minimum monthly payment, creditors may think you are in too much debt and therefore will 6. Pay more than the minicredit card debt and other loans it shows how much debt mum amount due each month: you have, if you have made payments on time or if you have not paid back your loans at all. Good credit is important because it gives you a better chance of getting a loan when you want to make a major purchase such as a car or home, said Mike Kormos, division sales manager at WM Financial Services, an ,1 I Grade I I I I I I I I I I authorize the staff of the Lady Badger Basketball Camp to act in the best interest of my child in case of emergney. I wiB not hold the staff, sponsors or facility responsible for any injury that may occur. My child is covered by I personal insurance and I assume responsibility for any medical expenses. I Signature of Parent or Guardian . Date. Presented by: SNOW COLLEGE WOMEN'S BASKETBALL |